November 2015 US Philly Fed business outlook survey report 19 November 2015

  • Prior -4.5
  • 6m expectations 43.4 vs 36.70 prior
  • Employment +2.60 vs -1.70 prior
  • New orders -3.70 vs -10.60 prior
  • Prices paid -4.9 vs -0.10 prior
  • Capex 25.9 vs 7.20 prior
  • Inventories -7.9 vs -17.4 prior

They took their time rolling this one out but there's some very positive signals, particularly from investment intentions over the next 6 months